JB Hunt (JBHT) Gets a Hold from Barclays
Barclays analyst Brandon Oglenski maintained a Hold rating on JB Hunt today and set a price target of $235.00.
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According to TipRanks, Oglenski is a 4-star analyst with an average return of 6.9% and a 52.66% success rate. Oglenski covers the Industrials sector, focusing on stocks such as FedEx, JetBlue Airways, and United Airlines Holdings.
In addition to Barclays, JB Hunt also received a Hold from TD Cowen’s Jason Seidl in a report issued on April 9. However, yesterday, Raymond James maintained a Buy rating on JB Hunt (NASDAQ: JBHT).
Based on JB Hunt’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.1 billion and a net profit of $181.07 million. In comparison, last year the company earned a revenue of $3.15 billion and had a net profit of $155.45 million
Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of JBHT in relation to earlier this year. Last month, Spencer Frazier, the EVP of Sales and Marketing of JBHT bought 67.00 shares for a total of $8,923.73.
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